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31 Read St Newark, NJ $ 650,000
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$ 650,000 Get more info
31 Read St
$ 650,000
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Share Save

31 Read St

Newark, NJ, 07105
$ 650,000
Bedrooms8 Baths4.1 Sq 4,120

Monthly Estimate*

$ 4,055

31 Read St, Newark, NJ 07105 - Image 1
31 Read St, Newark, NJ 07105 - Image 2
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31 Read St, Newark, NJ 07105 - Image 8

Multi-Family Home for sale in Newark, NJ

for $650,000 with 8 bedrooms and 4 full baths, 1 half bath. This 4,120 square foot home was built in 1900 on a lot size of 0.05.

Legal 2 family with great opportunity for improvement. The property has been very well maintained. First floor apartment has 3 bedrooms, 1.5 bathrooms. 2nd floor apartment features 3 bedrooms, plus an office additional room, 1 bathroom. 3rd floor apartment has 1 bedroom room and 1 bathroom. Full finished basement offers additional space for tenants to enjoy with 2 kitchens and a full bath. Tenants all m/m lease terms. Well maintained yard with shed. Owner occupied with much pride in ownership. Buyer will bee responsible for C.O .Showings will be allowed only for prospect buyers with bank pre approval letter. SOLD AS IS. CITY OF NEWARK TAX RECORD STATE THAT IT WAS A 3 FAMILY DWELLING BUT ACCORDING TO NEWARK ZONING DEPARTMENT IT'S A LEGAL 2 FAMILY DWELLING. Higher and Best on 11/6/2025 at 5:00pm

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Multi-Family Pending

Price

$ 650,000

Bedrooms

8

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 8,587

Style

3-Three Story, Under/Over

Lot Size

0.05

Year Built

1900

Town/City

Newark

County/Region

Essex

MLS | Web ID

3995117
Features
General
Sewer Public Sewer
Heating 2 Units Baseboard - Hotwater
Cooling Wall A/C Unit(s)
Utilities Electric Gas-Natural
Possession 30-60
Roof Asphalt Shingle
Water Heater Gas
Architectural Style 3-Three Story Under/Over
Exclusions Furniture from primary bedroom
Year Built 1900
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 12
Full Baths 4
Status Under Contract
Directions Market St. to Read St
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 8587
Drive None On-Street Parking
Standard Status Under Contract
Tax Assessed Value 225800
Town # 1614
Tax Lot 19
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Interior
Basement Finished Full
Unit 1 Baths Total 2.5
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Electric Gas-Natural
Half Baths 1
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 4120
Lot Dimensions 25X95.2
Lot Size Acres 0.05
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* Excluded Features
List By
DIVA B DASILVA

Listing Agent

C-21 Semiao And Associates

Broker

Affordability Calculator

$4,771
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$716
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/29/2025$650,000 Listed Price

Map

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31 Read St, Newark, NJ, 07105 is a Multi-Family Home for sale at $650,000 with 4,120 sqft and a lot size of 0.05. 31 Read St has 8 bedrooms, 4.1 baths, and was built in 1900. The property's zip code is 07105 which is in Newark, NJ

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